Estimates of Index of Industrial Production (IIP) with base 2004-05 for
the month of July 2012 have been released by the Central Statistics
Office of the Ministry of Statistics and Programme Implementation. IIP
is compiled using data received form 16 source agencies viz. Department
of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central
Electricity Authority; Joint Plant Committee; Ministry of Petroleum &
Natural Gas; Office of Textile Commissioner; Department of Chemicals &
Petrochemicals; Directorate of Sugar; Department of Fertilizers;
Directorate of Vanaspati, Vegetable Oils & Fats; Tea Board; Office of
Jute Commissioner; Office of Coal Controller; Railway Board; Office of
Salt Commissioner and Coffee Board.
General Index for the month of July 2012 stands at 167.3, which is 0.1%
higher as compared to the level in the month of July 2011. The
cumulative growth for the period April-July 2012-13 over the
corresponding period of the previous year stands at (-) 0.1%.
Indices of Industrial Production for the Mining, Manufacturing and
Electricity sectors for the month of July 2012 stand at 123.2, 177.1 and
156.3 respectively, with the corresponding growth rates of (-)0.7%,
(-)0.2% and 2.8% as compared to July 2011 (Statement I). The cumulative
growth in the three sectors during April-July 2012-13 over the
corresponding period of 2011-12 has been (-) 0.9%, (-) 0.6% and 5.5%
terms of industries, eight (8) out of the twenty two (22) industry
groups (as per 2-digit NIC-2004) in the manufacturing sector have shown
positive growth during the month of July 2012 as compared to the
corresponding month of the previous year (Statement II). The industry
group ‘Publishing, printing & reproduction of recorded media’ has shown
the highest growth of 17.0%, followed by 12.5% in ‘Machinery and
Equipment n.e.c.’ and 8.3% in ‘Textiles’. On the other hand, the
industry group ‘Electric machinery and apparatus n.e.c.’ has shown a
negative growth of 12.8% followed by 12.2% in ‘Office, accounting and
computing machinery’ and 11.5% in ‘Furniture; manufacturing n.e.c.’.
5. As per
Use-based classification, the growth rates in July 2012 over July 2011
are 1.5% in Basic goods, (-) 5.0% in Capital goods and (-) 1.1% in
Intermediate goods (Statement III). The Consumer durables and Consumer
non-durables have recorded growth of 1.4% and 0.1% respectively, with
the overall growth in Consumer goods being 0.7%.
of the important items showing high positive growth are: ‘Antibiotics &
its Preparations’ (32.3%), ‘Air Conditioner (Room)’ (117.4%), ‘Plastic
Machinery Incl. Moulding Machinery’ (63.0%), ‘Newspapers’ (19.0%),
‘Generator/ Alternator’ (58.1%), ‘CR Sheets’ (23.5%), ‘Lubricating Oil’
(92.1%), ‘Petroleum Coke’ (76.4%), ‘Aerated Waters & Soft Drinks’
(53.7%) and ‘Sealed Compressors’ (75.8%).
of the other important items showing high negative growth during the
current month over the same month in previous year include ‘Cable,
Rubber Insulated’ [(-) 39.6%], ‘Sponge Iron’ [(-) 23.6%], ‘Fruit Pulp’
[(-) 42.5%], ‘Gems and Jewellery’ [(-) 18.9%], ‘Leather Garments’ [(-)
37.0%], ‘Sugar’ [(-)56.7%], ‘Vitamins’ [(-) 42.2%], ‘Fasteners (Excl.
Zip Fasteners)’ [(-) 20.2%], ‘Ship Building & Repairs’ [(-) 37.8%],
‘Biscuits’ [(-) 21.0%] and ‘Grinding Wheels’ [(-) 20.5%].
with the Q.E. of IIP for the month of July 2012, the indices for June
2012 have undergone the first revision and those for April 2012 have
undergone the final revision in the light of the updated data received
from the source agencies. It may be noted that these revised indices
(first revision) in respect of June 2012 shall undergo final (second)
revision along with the release of IIP for the month of September 2012.
9. Statements giving Quick Estimates of the Index of
Industrial Production at Sectoral, 2-digit level of National Industrial
Classification (NIC-2004) and by Use-based classification for the month
of July 2012, along with the growth rates over the corresponding month
of previous year, including the cumulative indices and growth rates, are
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